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Property profile & analytics
OFF-MARKET
Land

0 Lecanto Commercial Land Lecanto, FL 34461

9.78 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 9.78-acre commercial land parcel presents a unique investment opportunity in the rapidly growing Lecanto, Florida market. Located on Lecanto Highway in Citrus County, the property boasts a mixed zoning designation permitting both medium-density residential and general commercial development. This strategic location offers unparalleled access to the newly constructed Suncoast Parkway, with Phase I completed and an exit ramp just 1.5 miles west. The ongoing extension of the Suncoast Parkway from Tampa, only an hour away, further enhances the property's accessibility and appeal. Lecanto's burgeoning economy, fueled by a surge in residential and commercial development projects, creates a compelling environment for significant returns. The property's 9.78-acre size provides ample space for a diverse range of development possibilities, catering to the increasing demand for housing and commercial spaces in this thriving Florida community. This is an exceptional chance to capitalize on the early stages of Lecanto's growth, securing a prime location with excellent connectivity and future potential. The property is zoned for medium-density residential and general commercial uses, offering flexibility for various development plans. Don't miss this opportunity to invest in a rapidly expanding area of Florida. The asking price is $790,000. The zip code is 34461.

Property profile
Verified
Property type Land
Lot 9.78 ac (426,017 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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